Job Detail

REPORTS TO: Financial Controller

ACCOUNTABLE FOR:  Number: 1 – 7 persons  Position/(s): Accountant, Executive and Officer/Assistants

POSITION SUMMARY

The primary role is to responsible for the financial accounting management, reporting & operations which also
incorporates treasury operation, statutory and tax compliance. Emphasis is on consistent accounting processes, accurate
reporting, compliance and controls.

MAIN DUTIES & RESPONSIBILITIES

1. Managing the Accounting Department and Staff Development (Weight: 15%)

• Assisting Financial Controller to lead and direct the department efficiently in accounting and ensure timely process and proper control procedure in accounting especially month-end financial closings, as well as manage special task assignments as requested from time to time. To lead in the absence of Financial Controller
• Manage, provide direction and supervision to the finance staff.
• Establish and manage all the necessary financial accounting process, controls and procedures to ensure proper accounting functions & accurate reports.

2. Financial Accounting & Reporting (Weight: 30%)

• Responsible for the whole general financial accounting and its monitoring systems for the company.
• Responsible for all statutory financial statements and the Group financial reporting are completed in accurate and timely manner, and meet the deadline given.
• Ensure financial transactions are posted to the general ledger from all sources in a timely and accurate manner in accordance with existing practising accounting standards, policies and procedures as well as comply with Malaysian & International Accounting Standards. (FRS) and the group standards.
• Ensure all general ledger accounts are appropriately reconciled and reviewed on a monthly basis and any items followed up on a timely basis.
• Maintain the structure of the general ledger and all other financial systems.
• Compile monthly Balance Sheet Reconciliations; review and analyse/ report on all material balance/movements by 20th of subsequent month.
• Supervise the finance staff in their day to day and monthly reporting requirements.
• Review and approve all monthly journal vouchers and debit/credit note, reconciliation worksheets and other financial reporting as requested.
• Review and ensure all inter-company transactions and reconciliation are properly recorded and follow up on issues/confirmations.
• Review and verifying all the accounting forms such as capex, assets/inventory disposal and write off forms, petty cash claim/staff advance form.
• Review and ensure inventory accounting and its adjustments if any have been accounted into the financial record at a timely and accurate manner
• Ensure the accounting policies and procedures existed and are maintained / updated as needed.
• Coordinate with the holding company personnel for better efficiency in carrying out accounting duties & reportings.
• Assisting in budgeting and forecasting process as and when needed.

3. Accounting Control & Compliance (Weight: 20%)

• Establish and maintain proper internal and accounting controls throughout the whole accounting process & reporting.
• Work with internal and external auditors to ensure compliance with accounting, reporting and regulatory requirements.
• Remediate/ensure remediation of all audit action items in agreed timeframes.
• Develop procedures within the department for the purpose of minimizing financial risks and regular review to verify the effectiveness of controls in accounting process.
• Ensure all master data such as customer, vendor, fixed asset, and Bank, GL data in the System have been properly maintained and approved.
• Strictly enforce all transactions closing timetables and the accounting cut-offs requirement.
• Direct and ensure proper maintenance of all accounting records including all detailed sub-ledgers like receipts and expenditures, assets etc
• Carry out fixed asset sighting (once a year) to identify any fixed assets impairment/damaged and make the necessary provision/adjustments.

4. Treasury Control (Weight: 15%)

• Manage the cash/fund pool and maintain up-to-date cashflow forecast information.
• Manage the application for bank guarantees to statutory bodies / suppliers and letter of credit for overseas purchases, trade facilities as well as forex requirement
• Approve petty cash float on hand and review reimbursements made.
• Ensure compliance to Treasury policies and procedures.

5. Tax matters (Weight: 15%)

• Liaise with tax agent on the computation of tax (Income Tax; GST; Withholding tax etc) and the filing of tax returns to the tax authority on timely manner.
• Estimate income tax payable and remit monthly payments scheduled to the tax authority.
• Compute the income tax and deferred tax provision.
• Utilise the available tax incentives and mitigate tax liability.
• Attend the tax audits and investigations by tax authority with assistance of the company tax agent.
• Ensure the accounting and system in compliance with tax requirements and obligations.

6. Others (Weight: 5%)

• Provide financial information necessary for the renewal of yearly insurance coverage and support insurance claim process.
• Involve in Food Safety System implementation (e.g HACCP, GMP, FSSC22000, BRC, IFS, HALAL).
• Carry out back-up roles and duties for all financial accounting functions as and when required.
• Carry out ad-hoc roles and duties as and when required.
• Maintaining detailed knowledge of all relevant System modules, involve in coordination with IT to handle the system issue and improvement as well as controls.
• Maintain awareness and commitment to employment and legislative responsibilities in relation to safety, discrimination, HR policies, quality and the environment

Kindly contact Ms Rachel at +6019-772 2619 for further details or send your resume to [rachel.gan@cityrecruit.com.my]

OR

Kindly contact Ms Veena +6012 240 5453 for further details or send your resume to [crcs-my-recruitment1@cityrecruit.com.my]​